NOT LISTED FOR SALE

3818 Washington Ave Racine, WI 53405

West Racine Neighborhood

Estimated Value: $384,285

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $225,000

Est. 71% increase in value since last sale

Current estimated payment $2,624/month

4 Days on Market

About This Home

As of June 2018

Fantastic investment opportunity on this 4-unit!! Many updates including 4 brand new furnaces, 4 brand new water heaters, 2 new kitchens, all new appliances, 4 new sleeve A.C. units, new storage cages and more. Off street tenant parking. Great West Racine location convenient to restaurants, shopping, transportation, grocery stores and more.

Last Agent to Sell the Property

Andrew Bollmeier

First Weber Inc- Racine License #77244-94 Listed on: 04/30/2018

Last Buyer's Agent

Tony DeBartolo

Berkshire Hathaway Home Services Epic Real Estate License #47937-90

Berkshire Hathaway Home Services Epic Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,672

Year Built

  • Built in 1958

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 6,098 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Seller and Teant's personal property.
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,672

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 4 refrigerators, 4 oven/ranges, 4 A.C. Units
  • Directions: Washington Ave just south of Lathrop
  • New Construction: No
  • Year Built: 1958
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3818 Washington AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full, Laundry Facilities

Exterior Features

  • Exclusions: Seller and Teant's personal property.
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Racine
  • Junior High Dist: Racine

Lot Info

  • Zoning: R4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2017
  • Total Taxes: 4672.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Mikolas Nathan R and Mikolas Alanna L
Bought by
Third 124 Llc
Current Estimated Value
$384,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$164,680
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$219,605

Purchase Details

Closed on
May 14, 2021
Sold by
Third 124 Llc
Bought by
Mikolas Nathan R and Mikolas Alanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$164,680
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$219,605

Purchase Details

Closed on
Jul 31, 2019
Sold by
Mikolas Nathan and Mikolas Kevin E
Bought by
Third 124 Llc

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 7, 2018
Sold by
Speer Edward
Bought by
Mikolas Nathan R and Mikolas Kevin E
Seller's Agent
Andrew Bollmeier
First Weber Inc- Racine
Buyer's Agent
Tony DeBartolo
Berkshire Hathaway Home Services Epic Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$157,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2015
Closed on
Nov 30, 2015
Sold by
Ehrlich Family Lp
Bought by
Speer Edward
Seller's Agent
Andrew Bollmeier
First Weber Inc- Racine
Buyer's Agent
Andrew Bollmeier
First Weber Inc- Racine
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.19%
Original Mortgage
$88,500
Interest Rate
3.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Third 124 Llc -- None Available
Mikolas Nathan R -- None Available
Third 124 Llc $160,000 None Available
Mikolas Nathan R $225,000 None Available
Speer Edward $118,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikolas Nathan R $182,000
Previous Owner Mikolas Nathan R $157,500
Previous Owner Speer Edward $88,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold $225,000 0.0% --
05/04/2018 05/04/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $225,000 +90.7% --
11/30/2015 11/30/15 Sold $118,000 0.0% -- View Prior Sale
11/27/2015 11/27/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $118,000 -- --
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,116 $276,000 $27,300 $248,700
2023 $6,527 $240,000 $27,300 $212,700
2022 $5,689 $209,000 $27,300 $181,700
2021 $6,352 $209,000 $27,300 $181,700
2020 $6,216 $209,000 $27,300 $181,700
2019 $5,643 $190,000 $27,300 $162,700
2018 $5,048 $160,000 $27,300 $132,700
2017 $5,354 $160,000 $27,300 $132,700
2016 $5,180 $160,000 $27,300 $132,700
2015 $5,673 $160,000 $27,300 $132,700
2014 $5,673 $160,000 $27,300 $132,700
2013 $5,673 $184,000 $30,400 $153,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrew Bollmeier

    First Weber Inc- Racine

  • Tony DeBartolo

    Buyer's Agent in 2018

    Tony DeBartolo

    Berkshire Hathaway Home Services Epic Real Estate

    (262) 818-8669

    63 Total Sales

    Tony DeBartolo
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Map

Source: Metro MLS

MLS Number: 1578330

Metro MLS

APN: 276-000012415000

Wisconsin Racine County Racine 53405 West Racine

3818 Washington Ave, Racine, WI

This home is located at 3818 Washington Ave, Racine, WI 53405 since 30 April 2018 and is currently estimated at $384,285. This property was built in 1958. 3818 Washington Ave is a home located in Racine County with nearby schools including Fratt Elementary School, Jerstad-Agerholm Middle School, and Park High School.

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